We evaluate the success of Brazil's Corregedoria-Geral da União's (CGU) anti-corruption program in fostering better outcomes in the health sector using panel data from 5560 Brazilian municipalities over the period from 2000 to 2011. Since 2003, the program has randomly selected municipalities...

This paper considers econometric issues related to time-series data that have been subject to abrupt governmental interventions. The motivating example for this study is the Brazilian monthly inflation rate (1974:1-1993:6) which we use throughout for illustration. This series has been heavily...

The purpose of this paper is to test the validity of the purchasing power parity (PPP) doctrine in Brazil. Historical data for the period 1855-1996 are considered. The period 1855-1990 is also analysed in order to compare the results with those obtained by Zini and Cati (1993) using the...

This paper considers econometric issues related to time series data that have been subject to abrupt governmental interventions. The motivating example for this study is the Brazilian monthly inflation and interest rate series (1974:1- 1994:6) which we use throughout for illustration. These...